McDonald's India has announced it will close nearly 170 McDonald's outlets in northern and eastern India after the American fast food giant decided to terminate a franchise agreement with its Indian partner...

McDonald's said its partner Connaught Plaza Restaurants violated the terms of the franchise agreement, including reneging on payment of royalties...

LOS ANGELES: The union backing a high-profile campaign to raise pay and improve working conditions for low-wage US workers on Monday warned potential buyers of roughly 3,000 McDonald’s Corp restaurants in Asia that such deals could saddle them with operational risks, including significant costs and liabilities...

McDonald’s, the world’s biggest restaurant chain by revenue, is seeking local partners to expand its Asia business...

KARACHI: The Sindh government has decided to carry out a security audit of more than 1,000 bank branches across the city...

The meeting was attended by representatives of the banks, All Pakistan Security Agencies Association (APSAA) and officials of the law enforcement agencies to review security arrangements at bank branches...

It said that the SBP has directed settlement/clearing of FBR transactions on month-end as follows:The NBP branches (A, B and C) will settle their transactions on same day (May 30) with respective SBP-BSC offices for which a special clearing will be arranged at 03:00pm by NIFT and NBP will settle the transactions with SBP-BSC by 9:00pm...

KARACHI: Muttahida Qaumi Movement chief Altaf Hussain has called the Pakistan Tehreek-i-Insaf and Jamaat-i-Islami ‘bran­ches of the Taliban and Al Qaeda’ and predicted a massive defeat for his party’s rivals in the NA-246 by-election on April 23...

Addressing a huge rally on Liaquatabad flyover on Saturday, the MQM chief said the people of Karachi had already rejected the pro-Taliban forces and they would vote for his ‘progressive,...

KARACHI: The National Bank of Pakistan (NBP) has announced that on Monday all its branches in the country will remain open till late in the evening, and will even arrange iftari for customers banking around that time...

It said the bank’s branches remained open till 8pm on June 29 and until midnight on June 30...

QUETTA: Commercial banks would set up 79 branches across Balochistan, while a soft scheme would be launched for skilled women in the province, Governor State Bank of Pakistan Ashraf Mehmood Wathra said on Tuesday...

DUBAI: Bahrain-based Ithmaar Bank plans to add more than 100 branches in Pakistan this year through its subsidiary Faysal Bank, to capitalise on the country’s low penetration rate of banking services, a senior executive said...

“We are planning to be over 500 branches this coming year and are aggressive in this,” al-Mutawa said in an interview...

Depicting Lahore in images is an old practice and its early patterns could be found in the miniature paintings of the Mughal era...

Lahore, being the cultural hub, played a vital role in the arts, literature and culture in the mid-20th century; especially, visual art was inspired by the rich panoramic beauty of the walled city and life around its 13 gates, so an exclusive genre of cityscape came into existence, as early as the...